Most are folks that have the emotional control of a 5 year old, controlling attitude, an omniscient narrative in every thread & topic, act like an online hall monitor, and constant attention seeking. 

I'd recommend having enough to close on the deal + rehab + $5k in reserve as a minimum. 

Even if they're off market doesn't mean better pricing, they may not be on Crexi or LoopNet, but if they're for sale, they're being marketed. 

Our DSCR product is very STR friendly and heavily lean on AirDNA data vs appraisal.  

How do you plan on finding your deals?

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Purchase price: $232,000 Cash invested: $18,000 My real estate investment journey began with a leap of faith when I purchased my first investment property—a charming but very needy fixer-upper in Connecticut.

Financing: I’m planning to use conventional financing for this purchase.

I've seen this in the news.This doesn't affect me because I'm small time compared to these big companies.I also don't purchase any pricing software.

I also have a $175,000 line of credit ready if something catastrophic happens.